Stacy Chin breaks down how to win SBIR funding: write an R&D plan that answers five questions. What's your hypothesis? What experiments test it? How will you run them? How will you analyze the data? What are the measurable outcomes? Reviewers fund the startups that show technical rigor.
How do you convince an SBIR reviewer that you deserve money for your groundbreaking idea? You want to make sure you have a really, really rigorous R&D plan, and that means you have to thoroughly describe how do you take your innovative idea and transform that into commercial product. Here are 5 questions that you need to consider when developing your R&D plan to convince reviewers that you deserve funding for your groundbreaking idea. Number 1: What is your hypothesis? Or in other words, what are you trying to prove? 2: What What experiments do you need to carry out in order to thoroughly test that hypothesis? 3, how do you even plan to go about these experiments? 4, how do you analyze the data? 5, what are your expected outcomes and can you quantitate them? If you answer these 5 questions thoroughly, you're gonna have a much stronger SBIR application. Remember, getting free money for your startup is all about paying attention to those nitty-gritty technical details.
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How to Get Invited to Apply for $305K in NSF SBIR Funding || Step-by-Step Guide
